Santa Clarita Real Estate: Market Update with Connor With Honor
Greetings, Santa Clarita!

This is Connor With Honor, your local real estate expert, bringing you the latest market news for February 26th, 2024.

Inventory Update:

The week started with 20 new listings, and as of Friday, we saw a significant jump to 274 active listings across the Santa Clarita Valley. This might seem like a lot, but remember, many listings went into escrow over the weekend, highlighting the strong absorption rate we've been experiencing.

Market Insights for Sellers:

This is a fantastic time to sell your property! However, it's crucial to have a plan for your next move. While the market favors sellers, finding your dream home while selling your current one can be challenging, especially if you're contingent on selling first.

Here's how to increase your chances as a seller:

Be in escrow before making offers: This strengthens your position and eliminates contingencies that could make your offer less attractive.
Prepare a comprehensive seller's package: Gather information about your property and potential buyers, even if they come through another agent. This showcases your seriousness and streamlines the process.
Market Insights for Buyers:

While the market favors sellers, it doesn't mean buying is impossible.

Here are some tips for navigating the current landscape:

Don't base your decision solely on potential future rate cuts: Make sure your purchase fits your budget regardless of interest rates.
Factor in hidden costs: Buying real estate involves expenses beyond the purchase price. Talk to your lender about closing costs and other fees.
Work with a professional: A qualified realtor can guide you through the process, provide valuable insights, and help structure your offer to be competitive even with contingencies.
Remember:

I offer a free consultation: I can discuss real estate dynamics, buying strategies, and how to approach properties from an investor's perspective, even for first-time buyers.
Stay informed: Visit my website, [invalid URL removed], for further resources and updates.
I'm here to help you navigate the Santa Clarita real estate market. Reach out if you have any questions, and I'll be happy to assist you.

Thank you, and take care!

Sincerely,

Connor With Honor

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From first responder to real estate expert, Connor with Honor brings honesty and integrity to your Santa Clarita home buying or selling journey. Subscribe to my YouTube channel for valuable tips, local market trends, and a glimpse into the Santa Clarita lifestyle.

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